The defence ministers from the states member of the Bucharest Format [or Bucharest Nine or B9] will meet in Bucharest in September, according to a decision approved on Wednesday by the Government."There are 55 participants invited to the meeting, dignitaries from the member states, plus ambassadors and defense attaches accredited to Bucharest from the same states, and officials representing national defence authorities, totaling around 100 persons," reads a press release by the Executive.The B9 meetings take place periodically at head of state, foreign affairs and defence minister level as "opportunities for harmonisation" of the national standpoints of the members states on items included with the agenda of the NATO summits and meetings."Launched at the initiative of Romania and Poland in 2015, the Bucharest 9 (B0) format offers a platform for strengthening dialogue and cooperation between Allies on the Eastern Flank of NATO: Bulgaria, the Czech Republic, Estonia, Latvia, Lithuania, Poland, Romania, the Slovak Republic and Hungary, with a view to shaping the specific contribution of these states to the ongoing processes at the level of the North Atlantic Alliance, based on their experience and expertise and on their common security interests," mentioned the same source.
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
Nearly nine in ten Romanians expect to spend less or no more than last year on Christmas shopping, according to a new survey by tbi bank that highlights the impact of rising prices on household budgets ahead of the winter holidays. The nationwide poll, conducted in October on a sample of 1,011 respondents, shows that […]
A total of 77% of homeowners who answered a survey by ING and Ipsos said they implemented measures in the past three years to improve energy efficiency. The need to save on energy bills was the main driver of household modernization, the survey showed. Most respondents (62%) said they did so to reduce energy costs, […]
The Romanian Constitutional Court (CCR) has ruled that a series of tax increases, including higher levies on housing, land, cars based on pollution norms, and stock market gains, may take effect starting January 1, 2026, Biziday.ro reported. The Court rejected a challenge filed by the opposition party AUR against the government’s fiscal reform law, on […]
A major animal-welfare campaign is happening in Iași this weekend, where one of Romania’s biggest charitable events dedicated to shelter animals will take place this Saturday, December 13. Now in its 18th edition, Ai cumva o păturică? (Do you happen to have a blanket?) aims to expand nationally starting in 2026. This year’s event begins […]
